Author Question: In the figure above, the second poorest 20 percent of households receive ________ of total income. ... (Read 103 times)

jjjetplane · **on:** Jun 29, 2018

In the figure above, the second poorest 20 percent of households receive ________ of total income.

A) 5 percent
B) 10 percent
C) 15 percent
D) 20 percent

Question 2

Tom and Jerry are the only members of society. The table above shows their marginal benefits from defense satellites, a public good. If the marginal social cost of a satellite is 54, the efficient quantity of satellites is

A) 0.
B) 1.
C) 2.
D) 3.